Tag: exchange hack
Exchange Hacks Highlight the Benefits of CryptoCurrencies, Not Their Flaws
It has been a rough month for cryptocurrency enthusiasts. Between two major exchange hacks and the recent collapse in cryptocurrency prices, “hodling” for many has become increasingly challenging as of late. The situation has not been helped by many mainstream...
BitGrail and Nano Saga: A Twisted Tale of Hacks, Threats, and a Lawsuit
In what appears to be the second major attack this year, Italian cryptocurrency exchange BitGrail suffered a major loss to the tune of almost $200 million. The hackers that targeted the site took a recently rebranded currency called Nano (formerly...
Panic as S. Korean Crypto Exchange Hacked, Files for Bankrupty
For a variety of reasons, South Korea has rapidly become a center of attention in the cryptocurrency ecosystem. That dynamic was on full display today, December 19th, as the markets reacted to the S. Korean Youbit exchange’s bankruptcy filing on...
